Albion Public Library Charitable Tr
Albion Public Library Charitable Tr operates efficiently with 100% program spending and no officer compensation.
EIN: 16168280 · Albion, ME · NTEE: T11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Program Spending | 100% |
| Net Assets | $179K |
| Transparency Score | 95/100 |
Is Albion Public Library Charitable Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albion Public Library Charitable Tr directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albion Public Library Charitable Tr
Albion Public Library Charitable Tr (EIN: 16168280) is a nonprofit organization based in Albion, ME, classified under NTEE code T11. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albion Public Library Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albion Public Library Charitable Tr is a micro nonprofit that has been operating for 25 years.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $3K |
| Surplus / Deficit | +$576 |
| Total Assets | $179K |
| Net Assets | $179K |
| Operating Margin | 16.7% |
| Months of Reserves | 749.1 months |
Financial Health Grade: A
In 2016, Albion Public Library Charitable Tr reported a surplus of $576 with revenue exceeding expenses, holds 749.1 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albion Public Library Charitable Tr with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Albion Public Library Charitable Tr allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $576, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reported 0% officer compensation, indicating that no salaries or benefits were paid to its officers, which is highly efficient for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Albion Public Library Charitable Tr:
- 100% of expenses allocated to program services ($2,869 out of $2,869 total expenses in 2016).
- No officer compensation reported (0% of expenses), indicating efficient use of funds.
- Strong financial health with $179,107 in assets and $0 in liabilities in 2016.
- Operated with a surplus in 2016 ($3,445 revenue vs. $2,869 expenses).
Frequently Asked Questions about Albion Public Library Charitable Tr
Is Albion Public Library Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Albion Public Library Charitable Tr (EIN: 16168280) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Albion Public Library Charitable Tr spend its money?
Albion Public Library Charitable Tr directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Albion Public Library Charitable Tr tax-deductible?
Albion Public Library Charitable Tr is registered as a tax-exempt nonprofit (EIN: 16168280). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Albion Public Library Charitable Tr compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Albion Public Library Charitable Tr is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Albion Public Library Charitable Tr located?
Albion Public Library Charitable Tr is headquartered in Albion, Maine and files with the IRS under EIN 16168280. It is classified under NTEE code T11.
Is Albion Public Library Charitable Tr a good charity?
Based on the 2016 filing, Albion Public Library Charitable Tr appears to be a very good charity. It allocated 100% of its expenses to program services ($2,869 out of $2,869 total expenses) and reported no officer compensation, demonstrating exceptional efficiency and dedication to its mission.
How does Albion Public Library Charitable Tr manage its assets?
In 2016, the organization held $179,107 in assets with $0 in liabilities, indicating a strong and stable financial position. This suggests prudent management of its endowment or accumulated funds to support its charitable purpose.
Filing History
IRS 990 filing history for Albion Public Library Charitable Tr showing financial trends over 1 year of public records:
In its most recent filing year (2016), Albion Public Library Charitable Tr reported a surplus of $576, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $3K | $3K | $179K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albion Public Library Charitable Tr:
Data Sources and Methodology
This transparency report for Albion Public Library Charitable Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.